Hindustan Copper FY26 profit surges 97% to ₹920.67 crore, revenue hits record
Synopsis
Key Takeaways
Hindustan Copper Limited (HCL), a Miniratna Central public sector enterprise, posted a 97 per cent jump in Profit After Tax (PAT) to ₹920.67 crore for FY 2025-26, up from ₹468.53 crore in FY 2024-25, according to a statement issued by the Ministry of Mines. The results, approved by the company's Board of Directors at a meeting held in Kolkata on Friday, 15 May 2025, mark a landmark year for the state-owned copper miner across every key financial metric.
Record Revenue and Profit Before Tax
HCL's revenue from operations reached an all-time high of ₹3,077.92 crore in FY 2025-26, a 49 per cent year-on-year increase from ₹2,070.96 crore in the previous year. Profit Before Tax (PBT) surged 95 per cent to ₹1,232.73 crore, compared with ₹633.51 crore in FY 2024-25 — the highest ever recorded in the company's history, according to the official statement.
EBITDA Margin Expands Sharply
The company's EBITDA margin improved to 48.7 per cent in FY 2025-26 from 37.97 per cent in the prior year, reflecting an expansion of 10.73 percentage points. The widening margin signals stronger operational efficiency, driven by higher copper prices and improved production volumes.
Production Milestones Across the Board
On the operational front, HCL achieved ore production of 3.67 million tonnes in FY 2025-26, a 6 per cent rise over the previous year. Metal-in-concentrate (MIC) production climbed 9 per cent to 27,421 tonnes, while copper MIC sales touched 27,369 tonnes — a 12 per cent increase over FY 2024-25. This consistent growth across the production chain underlines the company's improving mine-to-market execution.
Dividend and Expansion Plans
The Board recommended a final dividend for FY 2025-26, subject to shareholder approval, in addition to an interim dividend already disbursed in March 2026. Directors also deliberated on significant capacity expansion plans aligned with the company's Corporate Plan 2030, including funding strategies to support future growth. With global copper demand expected to rise on electrification and green energy trends, HCL's expansion roadmap will be closely watched by investors and the metals sector alike.